Regions
Formation, Safanad JV Buys Nursing Facilities Portfolio for $150M
Formation Capital and Safanad Ltd. have acquired a portfolio of 14 skilled nursing facilities in the mid-Atlantic region for approximately $150 million.
Pebblebrook Grabs The Nines Hotel in Portland, Ore.
In order to further expand its presence in downtown Portland, Ore., Pebblebrook Hotel Trust has acquired The Nines Hotel for $127 million.
INTERNATIONAL: Tata Housing to Develop M-F Community in National Capital Region of India
Tata Housing Development Co. is rolling out a new luxury residential project called Arabella in the Gurgaon district of India to serve a new class of wealthy consumers.
CBRE Buys U.S. Equities, Combines Chicago-Area Operations
Commercial real estate giant CBRE Group acquired the 36-year-old boutique U.S. Equities to bolster its presence in Chicago and expand its relationships with property owners.
Tishman Speyer Buys 233 KSF London Office
London calling. Tishman Speyer acquires its second office property in the U.K. capital in three months with the purchase of The Point, a 232,800-square-foot office building in the Paddington area of the city’s West End.
INTERNATIONAL: Mace to Oversee Maintenance at Admiralty Extension in London
Mace has been appointed as project manager to oversee the design and refurbishment of 193,750 square feet of office space at the Old Admiralty, a government estate, in London.
Transwestern Awarded Leasing, Management of 2.2 MSF Office Complex in Detroit
Two months after the $177.5 million sale of the five-building, 2.2 million-square-foot Southfield Town Center in Michigan, Transwestern has been retained to lease and manage the trophy office property in the Detroit metro area.
Thor, Taconic Sign Samsung to Long-Term Lease in NYC’s Meatpacking District
Samsung Electronics North America has signed a long-term lease for all of the nearly completed 837 Washington St. in New York City’s Meatpacking District.
Nationwide to Build 500 KSF M-U Campus in Columbus, Ohio
Nationwide Realty Investors, developer of the $500 million mixed-use Grandview Yard in Grandview Heights, Ohio, has just revealed plans for the development’s next phase, and it hits close to home.
ARC Affiliate Buys 154 KSF Office Building in Princeton, NJ, Area from Ivy
An affiliate of American Realty Capital has purchased 100 College Road West, a Class A office building in the Princeton submarket of Plainsboro, N.J., for $63 million from Ivy Realty.